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Best Crypto Exchanges in 2022
With over 1000 crypto exchanges worldwide to choose from, it can sometimes be hard to decide where to start.
This is BTCC, and in this video we’ll give you the top 3 best cryptocurrency exchanges in a 2-minute review.
Choosing a cryptocurrency exchange is not an easy task: there are many factors to consider. Whether or not the exchange can operate in your country, payment options, fees, verification requirements, and of course the choice of available coins are just a few of the factors to consider when making your decision.
Binance
Our No.1 recommendation for the best crypto exchange for non-US residents would have to be Binance.
Binance is a global exchange that has quickly become one of the leading cryptocurrency exchanges, although it was recently founded in 2017. Binance supports 200+ coins and offers a wide range of different financial services, which is why we think it’s a great place for beginners and experienced traders alike.
Whether you’re looking for an advanced trading platform, a simple way to buy cryptocurrencies using a credit card, or other cutting-edge features like a savings account, crypto debit card, or futures trading, Binance has you covered.
The only area we see where Binance could improve is its customer support.
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Coinbase
If you’re looking for an exchange that supports US residents, then Coinbase is probably the best choice.
While their customer support can be intimidating at times, Coinbase still offers a simple process for purchasing all major cryptocurrencies, with FDIC account insurance and a 0% fee for ACH deposits.
If you’re looking for more sophisticated trading capabilities, Coinbase also operates Coinbase pro, which is a premium trading platform.
Coinmama
Finally, if you need the fastest option for buying cryptocurrencies and don’t have time for a long authentication process, then we think Coinmama is the place for you.
Coinmama is a veteran of the crypto community, with more than 2 million customers in over 188 countries. It offers a simple brokerage service to sell a variety of leading cryptocurrencies through the use of credit cards and only takes about 30 minutes to complete a super fast verification process.
One of the downside is that this process will cost you about 5% fees more than other crypto exchanges, so we only recommend this if you want to buy cryptocurrencies as fast as possible.
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Conclusion
These are our top 3 picks for the best cryptocurrency exchanges.
For more information and detailed reviews about each exchange, you can check here for more articles analysis.
We hope you will find this video helpful.
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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